Dictionary definition: Merriam-Webster
Headline: New York Times, 1/12/2024
More than 260,000 tech employees were laid off in 2023, according to Layoffs.fyi, a site that tracks job cuts across the tech industry. That included workers from Meta, Alphabet, Microsoft and Amazon. Google just announced more cuts this month.
“The term ‘rightsizing’ sounds more neutral,” Roger Lee, the creator of Layoffs.fyi, said, adding that the phrase is also used “to convey the fact that these companies did a lot of hiring the past couple years, and now realize, given the current economic reality, it makes sense for the business to go back to a smaller size.”
According to Merriam-Webster, the first known use in print of 'rightsize' occurred in 1989.
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